Lately, the rumor stating that the government of Indonesia would make giant e-commerce providers, especially those owned by foreign companies or get heavily invested by foreign VCs, as their tax target has created quite a scene in Indonesian digital industry. One of providers which become the government’s target would definitely be Tokopedia, Indonesia-based marketplace that got a ravishing $100 million funding from Softbank Japan and Silicon Valley’s Sequoia Capital. Continue reading William Tanuwijaya on the Misperception of Foreign Investment in Tokopedia →